Poverty without poverty line

I propose a new cardinal measure of poverty, which builds on the intuitive notion that a person with half the income of another is twice as poor. Mathematically, this implies that poverty is the reciprocal of income. The resulting aggregate measure has a simple interpretation: it is the average numb...

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Tác giả chính: Sterck, O
Định dạng: Working paper
Ngôn ngữ:English
Được phát hành: University of Oxford 2024

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